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USD/JPY Breaks 9300 as DPJ Sweeps Election

posted by Avatar fx360 999 days ago in USD, JPY, Technical

Yen rallied strongly at the start of the week’s trade with USD/JPY dropping to 92.58 in late Asian session on the back of an overwhelming victory by the Democratic Party of Japan – the first time in more than 50 years that an opposition party was able to seize power in Japan. The DPJ captured 308 of 480 lower-house seats garnering a massive
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